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Searching 2023-2024 Session

The Vermont Statutes Online

The Vermont Statutes Online have been updated to include the actions of the 2023 session of the General Assembly.

NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.

Title 11C : Mututal Benefit Enterprises

Chapter 006 : Member's Interest in Mutual Benefit Enterprise

(Cite as: 11C V.S.A. § 601)
  • § 601. Member’s interest

    A member’s interest:

    (1) is personal property;

    (2) consists of:

    (A) governance rights;

    (B) financial rights; and

    (C) the right or obligation, if any, to do business with the mutual benefit enterprise; and

    (3) may be in certificated or uncertificated form. (Added 2011, No. 84 (Adj. Sess.), § 1, eff. April 20, 2012.)